ImmuPharma (LON:IMM) Shares Down 13.5% – What’s Next?

ImmuPharma plc (LON:IMM) dropped 13.5% on Monday . The stock traded as low as GBX 8.33 ($0.11) and last traded at GBX 9.04 ($0.12). Approximately 8,822,634 shares changed hands during mid-day trading, an increase of 3% from the average daily volume of 8,565,921 shares. The stock had previously closed at GBX 10.45 ($0.14).

ImmuPharma Price Performance

The company has a 50-day moving average price of GBX 5.17 and a two-hundred day moving average price of GBX 3.54. The company has a market cap of £44.18 million, a PE ratio of -993.26 and a beta of 1.53.

ImmuPharma (LON:IMM) last issued its quarterly earnings results on Wednesday, August 6th. The company reported GBX (0.38) earnings per share for the quarter. ImmuPharma had a net margin of 3,519.56% and a negative return on equity of 131.41%. On average, equities research analysts anticipate that ImmuPharma plc will post -339.0000022 earnings per share for the current year.

About ImmuPharma

ImmuPharma PLC (LSE AIM: IMM) is a specialty biopharmaceutical company that discovers and develops peptide-based therapeutics. The Company’s portfolio includes novel peptide therapeutics for autoimmune diseases and anti-infectives. The lead program, P140 (Lupuzor™), is a first-in class autophagy immunomodulator for the treatment of Lupus and preclinical analysis suggest therapeutic activity for many other autoimmune diseases that share the same autophagy mechanism of action.